Banking, Finance & Economy Current Affairs Quiz -November 26, 2022
November 26, 2022 November 26, 2022
1. The Institute of Chartered Accountants of India held the 21st World Congress of Accountants 2022 in Mumbai using a hybrid format in November 2022. What is the theme of the WCOA 2022?
[A] Building confidence
[B] A global information society
[C] Corporate Governance and Accountability
[D] Building Trust Enabling Sustainability
Show Answer
Correct Answer: D [Building Trust Enabling Sustainability]
Notes:
Union Commerce and Industry Minister Piyush Goyal has said that India is a bright shining spot in the world economy amidst global economic uncertainty. Theme for the WCOA 2022 is ‘Building Trust Enabling Sustainability’.
2. In November 2022, which of the following organizations received the national award from the Pension Fund Regulatory and Development Authority (PFRDA) for considerable enrollment in the Atal Pension Yojana (APY)?
[A] Karnataka Vikas Grameena Bank
[B] State Bank of India
[C] Central Bank of India
[D] Bank of India
Show Answer
Correct Answer: A [Karnataka Vikas Grameena Bank]
Notes:
Karnataka Vikas Grameena Bank has won the national award from Pension Fund regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY) in November 2022.
3. The Reserve Bank of India (RBI) authorized HDFC Bank Ltd and Canara Bank Ltd to create a special “vostro account” for trading in Rupees with which nation in November 2022?
[A] China
[B] Japan
[C] Russia
[D] UK
Show Answer
Correct Answer: C [Russia]
Notes:
The Reserve Bank of India (RBI) allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in Rupees with Russia. Vostro accounts are accounts a bank holds on behalf of another, often foreign bank, and this forms a key part of correspondent banking.
4. In order to reduce concentration risk, the National Payments Corporation of India (NPCI) recommended a how many percent% volume limit for third-party app providers (TPAP) in November 2022 ?
[A] 30%
[B] 20%
[C] 5%
[D] 15%
Show Answer
Correct Answer: A [30%]
Notes:
National Payments Corporation of India (NPCI) is in talks with the Reserve Bank on the implementation of its proposed December 31 deadline for limiting the volume cap of players to 30 per cent.
5. Who was the person responsible for launching SARAS AAJEEVIKA MELA 2022 at the India International Trade Fair in New Delhi?
[A] Arvind Kejriwal
[B] Giriraj Singh
[C] Amit Shah
[D] Piyush Goyal
Show Answer
Correct Answer: B [Giriraj Singh]
Notes:
Rural Development Minister Giriraj Singh has inaugurated SARAS AAJEEVIKA MELA 2022 at India International Trade Fair in New Delhi.
